Yesterday I was discussing financial modeling with you rank amateurs. Today I’ll simply point out that if you inserted basic fundamental analysis into your process, you could’ve avoided this from happening to your portfolio.
Plain and simple, retail is in a depression. If you’re gonna add that sector into your quintile of stocks to choose from, be ready for trips into the depths of hell to be beaten senseless by centaurs and well endowed dragons.
Separately, stocks staged a nice comeback, mainly led by tech. Gold was the big standout today. More than 65% of stocks were lower, so it was mainly a money losing session for most.
I said:
3 months ago:
“Cannibalization”
recordhigh streak, vix at 11 streak, intraday under 1% streak
now we’re at:
Vix under 11
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/05/10/20170509_EOD1.jpg
Most consecutive number of days under Vix-11. You can see the 2005, 2006, 2007 status of Vix streaks under 11. And how they grow, and develop, and: Lead To Cannibilization. It’s not a normal market condition fuckheads and guess what it leads to
So while all of america is asleep at the new order of Vix-10 metrics right in front of them. I will be waiting for the now increasingly close, and closer, death of vix cannibilization and stupid stock market. As I started pointing out a few months ago.
NOWHERE LEFT TO GO. THE COMPUTER PROGRAMS RUNNING THE STOCKMARKET. ONCE THIS STREAK IS OVER. I WILL BE WAITING ONCE YOU CAN’T GET VIX-10 CONSECUTIVELY. YOU KNOW YOU CAN’T GO BACK TO IT. YOU KNOW THE TOOLS YOU HAVE FOR KEEPING THE STOCK MARKET UP HAVE RUN OUT. I WILL BE WAITING. WAITING WITH MY SHORTS. POUNCING ON YOU WHEN YOU CAN’T GET ANOTHER SINGLE DAY. OF SUB-11 VIX. WITH MY SHORTS. AND YOU WILL HAVE LOST
Do you really think, the executives and bosses, in the upper echelon of wall st,
Don’t know?,
That the tools for keeping indexes up are running out of room, and availableness…?
Why so full of hate? For your sake I hope the streak is over at Dow 40,000. Be patient, bro.
what type is shorts?
khaki, cargo, bermuda …?
Aren’t “well endowed dragons” kinda hot?
That’s the crappiest list of stocks I have ever seen, I’m impressed.
Glad to see showtime back on his lunatic rant/haiku game.
I’m not interested in retail until we are in the r covert phase after the next recession. Moving on….
Retail dove is dead. Auto dove is dead. Health care bubble is bursting. And world at zero interest rate. Yet market is euphoric on fed crack for eight years. But a junky never considers the come down.